Seattle, WA · Founded 2014 · Privately Held (backing)
Developer of a gaming platform designed to promote competitive play, creation, and player ownership. Shrapnel is based in Seattle, WA and was founded in 2014. It was valued at $1.1 billion at its later-stage round in Aug 2025, the last priced event on record. It has raised $38 million across 1 recorded round; the latest was a $600,000 seed round in Aug 2014.
PMV mark · valuation
$1.1B
Oct 2026
Priced at
its later-stage round
Aug 2025
Total raised
$38.0M
Last round
Seed Round
Aug 2014
Cap table — not yet on record
Shrapnel's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 47 names
·Watch Shrapnel: the Monday email on marks, rounds and moves